Contact: +91 9987714747 Email: info@starseamgmt.com ---RPSL No: MUM330

American Shipping Company

Follow

American Shipping Company has posted 1 job

0 Review

Rate This Company ( No reviews yet )

Work/Life Balance
Comp & Benefits
Senior Management
Culture & Value
https://starseamgmt.com/wp-content/themes/noo-jobmonster/framework/functions/noo-captcha.php?code=d5c1e

American Shipping Company

(0)

About Us

THE US JONES ACT YIELD COMPANY

American Shipping Company (AMSC) is a ship finance company focused on the intercoastal U.S. Jones Act shipping market. The company owns a fleet of nine modern handy size product tankers and one modern handy size shuttle tanker. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. The Company is listed on the Oslo Stock Exchange under the symbol “AMSC”.

 

KEY FACTS

  • Ship financing company established in 2005 and publicly traded on the Oslo Stock Exchange under the ticker AMSC
  • Aker ASA is the largest shareholder with ~19% of the shares
  • Fleet of 9 modern MR product tankers and 1 modern shuttle tanker all operating in the U.S. Jones Act market and on long term bareboat charters with evergreen extension options with Overseas Shipholding Group, Inc. (OSG)
  • Four bareboat contracts expiring in 2020
  • Five bareboat contracts expiring in 2022
  • Shuttle tanker bareboat contract expiring in June 2025
  • Substantial dividend capacity from bareboat revenue and additional cash flow from profit sharing mechanism with OSG

Contact Us

About Us

Star Sea Management Private Limited is providing exclusive Manning & Crewing Services for its Foreign and Indian shipping clients with equal tie-ups with Ship Owners,Ship Management Companies or Owner’s Representatives and Managers.

070750
Users Today : 929

Get Any Query

Contact Us

Phone:   +91 9987714747

Email : info@starseamgmt.com

Address:
Office No S-181, 2nd Floor, Haware Fantasia Business Park, Corporate Wing Plot No. 47, Sector-30A Vashi Navi Mumbai 400703, India
Open chat
1
Hello Can we help you?
Hello Can we help you?